Comparison between Muthoot Fincorp NCD Tranche II March 2026 and Muthoot Mercantile NCD May 2026.
Muthoot Fincorp NCD Tranche II March 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) NCD proposed to list at BSE while Muthoot Mercantile NCD May 2026 is a Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) proposed to list at BSE.
| Muthoot Fincorp Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Logo |  |  |
| Security Type | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) | Secured, Redeemable, Non-Convertible Debentures (Secured NCDs) |
| Listing At | BSE | BSE |
| Basis of Allotment | First Come First Serve Basis | First Come First Serve Basis |
| DRHP (Base) | DRHP  | |
| RHP (Base) | RHP | RHP |
| DRHP (Shelf) | DRHP (Shelf) | |
| RHP (Shelf) | RHP (Shelf) | |
| NCD Rating | ||
| Registrar | Integrated Registry Management Services Pvt.Ltd. | Kfin Technologies Ltd. |
| Lead Managers | Nuvama Wealth Management Ltd. | Vivro Financial Services Pvt.Ltd. |
| Debenture Trustees | Vardhman Trusteeship Pvt.Ltd. | Mitcon Credentia Trusteeship Services Ltd. |
| NRI Allowed | No | No |
| Allotment Link |
Comparison between Issue size, Issue price, Face value, Market lot and other details of the NCDs. Muthoot Fincorp NCD Tranche II March 2026 issue size is ₹200.00 Cr at an issue price of ₹1,000.00 per NCD. Muthoot Mercantile NCD May 2026 issue size is ₹75.00 Cr at a issue price of ₹1,000.00 per NCD.
| Muthoot Fincorp Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Issue Size (Base) | ₹200.00 Cr | ₹75.00 Cr |
| Issue Size (Shelf) | ₹3,000.00 Cr | |
| Issue Price | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Face Value | ₹1,000.00 per NCD | ₹1,000.00 per NCD |
| Minimum Lot size | 10 NCD | 10 NCD |
| Market Lot | 1 NCD | 1 NCD |
| Credit Rating | Crisil Ratings Limited : AA- Brickwork Ratings India Private Limited : AA | Crisil Ratings Limited : Crisil BBB+/Stable |
| Tenor | 400 Days and 24, 36, 73 Months | |
| Series | Series 1 to 7 | |
| Payment Frequency | Monthly |
Offering period of Muthoot Fincorp NCD Tranche II March 2026 and Muthoot Mercantile NCD May 2026 is mentioned.
| Muthoot Fincorp Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Bid/Offer Opens On | Mar 13, 2026 | May 29, 2026 |
| Bid/Offer Closes On | Mar 23, 2026 | Jun 11, 2026 |
In Muthoot Fincorp NCD Tranche II March 2026 QIBs portion includes 2,00,000 shares and 6,00,000 shares offered are offered to retail investors. In Muthoot Mercantile NCD May 2026 QIBs portion includes 75,000 shares and 3,75,000 shares offered are offered to retail investors.
| Muthoot Fincorp Ltd. | Muthoot Mercantile Ltd. | |
|---|---|---|
| Institutional | 2,00,000 shares | 75,000 shares |
| Non Institutional | 4,00,000 shares | 3,00,000 shares |
| HNI | 8,00,000 shares | |
| Retail | 6,00,000 shares | 3,75,000 shares |
| Others | ||
| Total | 20,00,000 shares | 7,50,000 shares |
